SCI board rejects Lead Independent Director Watts’ resignation, keeps him in post
SCI•Board rejects conditional resignation
- SCI’s board rejected Lead Independent Director and governance committee chair Mr. Watts’ conditional resignation on July 29, 2026.
- Watts will remain on the board through the 2027 annual meeting, or until a successor is elected, or until an earlier departure.
- Shareholder outreach indicated opposition centered on board governance changes, not Watts’ qualifications or performance.
- The board cited Watts’ senior leadership experience, regulatory and government background, marketing and brand expertise, and corporate governance track record.
